WASHINGTON—Small banks and credit unions could get a break on providing mortgage data to the government under a plan released Thursday, reducing the amount of borrower information collected under a law aimed at preventing lending discrimination. The Consumer Financial Protection Bureau said it would propose changes to rules dating from a 1970s law that requires lenders to gather and report data on their mortgage loans and applicants, including the loan amount and the borrower’s income, race and gender.

Source: Wall Street Journal May 02, 2019 20:15 UTC